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is going on? >>guest: republicans lost the election. it was about tax policy. most republicans want to get a deal they have to give something up. they will want something in run so if they bend on taxes they will want an entitlement reform, so, that is the rub, but, republicans do not want to raise the rates with you they want to eliminate the tax loopholes and bay down the debt. that would break grover's pledge. >>neil: i have the pledge, something that a lot of the guys signed on to, quite a few but what stands out is the second part of the pledge, you oppose any elimination of deductions and credits unless matched dollar for dollar by further reducing tax rates. it is the tax rate stuff that will not help. what do we make of either this moment of reality, this post election come to whoever moment or what? >>guest: the democrats have been frustrated with the g.o.p.'s sticking to the pledge and now, president obama won a second term, it is very important that any deal they sign off on would break part of the pledge. i don't think the democrats will sign off on anything that doesn't at lea
is that republicans seem to be running around with the tail between their leg after the election and acquiescing on revenues and letting the democrats stream roll them and he says they will pay in two years. do you feel threatened? >>guest: will, republicans have to be for some things and we need to be for things and for spending cuts. we need to be for entitlement reform. that has to be done if we are ever going to be serious about this debt issue, i don't think we should disrespect grover norquist any more than i believe we should disrespect the heritage foundation or any others. i respect them. we just don't always agree. >>neil: what he is saying, senator, he says that there is much more propensity to come up with creative ways to raise revenue than to cut spending. and that it is disproportionately so and republicans are going along with this like idiots. >> well, the negotiations have not seriously begun and people have staked out various positions so we with have to look at the products of the negotiations. >>neil: will we avoid a calamity? >> i'm not sure. i don't think we will because i
down, not up. so, obama got himself re-elected less strongly than four years ago and the republican house got itself re-elected? >>eric: what happens if republicans do cave and do sign on to higher taxes, what will you do? >>guest: well, the question is what the american people do if they see the republicans and democrats agreeing to raise taxes to pay if oh bum's bigger government then the republicans would be co-owners of what will be, unfortunately, a very unpleasant four years as all of obamacare falls on top of the heads of the american people, all of the regulations they have been delaying until after the election me begin to kick in, this is a lot of unpleasantness all delayed deliberately until after the election that will not be pleasant between now and the next four years and i don't think anyone wants it sign up to pay for all of the higherding a. >>eric: the if youly -- newly elected congress people and senate, are they signing on to your pledge at the frequency to which the prior elected folks have, the 2010 class? >>guest: well, 2010 was the high water mark but we are
. take a look. >> we are hearing of a train wreck that could happen in weeks of the election, massive tax hikes and spending cuts that kick in. >> the blame squarely falls on the president and senator harry reid for never passing a budget in three years. >> we have had a situation where the president has had to do this on his own and you know and i know it. >>neil: he had a democratic house of representatives and a democratic senate and the world was his oyster. >> if he had a little help from the republicans, so many americans could be working. >>neil: are you kidding me? i know the republicans are evil, but, come on, in your opinion, did he do anything wrong? >> not the substance. >> the president has failed to put a solution on the table to avoid the defense cuts. >> but you signed on to the sequestration that means the defense cuts will come up. >> not everyone. we thought it was a stupid deal. >> congressman, you had a plan. sequestration. and now you don't like that. i can understand it. >> that is why i voted against it. >> i voted against it. >> now both parties are saying they vo
sides of the aisle, in the wake of the 122012 election republicans realize americans want both sides to come up with solutions and the fiscal cliff is the first test of whether the two parties can work together. that includes the discussions that are occurring. as far as raising taxes, republicans will make a mistake if they agree do any proposal that raises taxes for the sake of raising taxes. this is a huge elephant in the room not being talked about and a goal republicans, a huge amount of loopholes and deductions in our tax code f the republicans grow to raise taxes on small business owner before we dress the listen holes and deductions and make the phrase "fair share" mean "fair share for everyone" they will run into problems. >> but the democrats may not be willing to accept that. to accept changes in the tax code. they may want the tax increases. the truth is, are the republicans in a no win situation because if they go over, if we go over the fiscal cliff, the democrats can just say it is the republicans who didn't compromise. >>guest: absolutely. president obama and his team
hung especially in the 1992 election and last to bill clinton. >>neil: do you get a sense in 1986 your dad was doing something very inbound. getting rid of deductions and special allowans and credits that prevented some from paying taxes. grover norquist today would look at that as a retreat a violation of a pledge. but your dad's point was very brother found he said i'm not trying to say hike taxes but make sure that everyone, everyone, everyone pays their fair share. would doing that today, bringing in allowances would it have the same effect? >>guest: many are willing to bring not allowance but they want something happening on the other side. you want to see the spending cuts take place. medicare is going up. my wife just got a note in the mail from the insurance provider, her health care is going up 15.1 percent after blue cross in california because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you do
Search Results 0 to 5 of about 6

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